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Enter Symbol:
 
Marvell Technology Group, Ltd. (MRVL) [hlAlert]

Rating:
Outperform
MRVL
down 34.20 %

Marvell Technology Group, Ltd. (MRVL) rated Outperform with price target $12 by Oppenheimer

Posted on: Friday,  Mar 6, 2009  8:25 AM ET by Oppenheimer

Oppenheimer rated Outperform Marvell Technology Group, Ltd. (NASDAQ: MRVL) on 03/06/2009. Previously Oppenheimer rated Outperform Marvell Technology Group, Ltd. (NASDAQ: MRVL) on
05/30/2008., when the stock price was $16.90. Since then, Marvell Technology Group, Ltd. has lost 34.20% as of 10/28/2015's recent price of $11.12.
If you would have followed the previous Oppenheimer's recommendation on MRVL, you would have lost 34.2% of your investment in 2707 days.

Marvell Technology is a leading designer, developer and supplier of mixed-signal and digital signal processing integrated circuit for high-speed, high-density, digital data storage and broadband digital data networking markets. The company's goal is to continue to support its customers in providing faster, better solutions to meet their customers' needs for increased bandwidth as communication solutions evolve. The company meets this goal with state-of-the-art chip solutions that enable data transfer in data storage devices and networking applications.

OppenheimerFunds, Inc. has been helping investors achieve their financial goals since 1960. We are one of the nation's largest and most respected asset management companies. At OppenheimerFunds, we believe that in order for you to reach your financial goals, your investments must perform. That is why investment excellence—over the long term and across the range of our products—is our highest priority. OppenheimerFunds and its controlled affiliates offer a broad range of products and services to individuals, corporations and institutions, including mutual funds, separately managed accounts, investment management for institutions, hedge fund products, qualified retirement plans and subadvisory investment-management services.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/6/2009 8:25 AM Buy
None
8.06 12.00
as of 12/31/2009
1 Week down  -2.90 %
1 Month up  30.22 %
3 Months up  24.02 %
1 YTD up  201.04 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
5/30/2008 8:25 AM Buy
None
16.90 21.00

(*) Stock Price at the time of the recommendation.
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